DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Tennenbaum Capital Partners, LLC

Asset manager (funds and pooled vehicles)Santa Monica, CaliforniaCRD 113203SEC 801-60384websiteIAPD
Latest filing Jun 17, 2026
First filing on the tape Mar 27, 2012 · 58 filings
SEC status approved since Jul 6, 2001
RAUM
$3.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
36
reported on Schedule D
History
58 filings and snapshots on the tape
RAUM$3.2B as of Jun 17, 2026
Mar 27, 2012$5.0B then
HNW client RAUM: $0
State-registered IARs (5.B.3)0 as of Jun 17, 2026
Mar 27, 20120 then
Employees (5.A)10 as of Jun 17, 2026
Mar 28, 201360 then
Private funds36 as of Jun 17, 2026
Mar 27, 20128 then
RAUM -8.0% over the last fiscal year-18% a year over threeIARs 0 to 0offices 3 to 1
Practice profile
derived from the filing of Jun 17, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$105MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-8.0%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$160M, 12 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.4B85%
  • Insurance companies$226M14%
  • Corporations and businesses$24.0M1.5%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
30reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$160M for 12 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.92 institutional_share=0.07 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      45 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Tennenbaum Senior Loan Fund II, LPPrivate Equity Fund$1.0B2Mar 28, 2014
      Special Value Opportunities Fund, LLCPrivate Equity Fund$711M104Mar 30, 2016
      Tennenbaum Senior Loan Fund V, LLCPrivate Equity Fund$635M2Mar 30, 2015
      Tcp Direct Lending Fund Viii-U (Ireland)Private Equity Fund$477M3Mar 29, 2018
      Tennenbaum Special Situations Fund Ix, LLCPrivate Equity Fund$421M61Mar 30, 2015
      Tcp Direct Lending Fund Viii, LLCPrivate Equity Fund$399M29Mar 29, 2017
      Tcp Direct Lending Fund Viii-A, LLCPrivate Equity Fund$394M1Mar 29, 2017
      Tcp Direct Lending Fund Viii-L (Ireland)Hedge Fund$351M31Mar 29, 2018
      Tcp Direct Lending Fund Viii-T, LLCHedge Fund$340M1Mar 29, 2018
      Tcp Direct Lending Fund Viii-S, LLCHedge Fund$218M1Mar 29, 2018
      Tcp Direct Lending Feeder Viii-L (Ireland)Hedge Fund$204M10Mar 27, 2019
      Tennenbaum Enhanced Yield Fund I, LLCPrivate Equity Fund$183M5Mar 30, 2016
      Tennenbaum Enhanced Yield Operating I, LLCPrivate Equity Fund$183M5Mar 27, 2019
      Tcp Enhanced Yield Funding I, LLCPrivate Equity Fund$183M1Mar 27, 2019
      Tcp Direct Lending Fund Viii-L, LLCPrivate Equity Fund$165M20Mar 29, 2017
      Tennenbaum Energy Opportunities Fund, LPPrivate Equity Fund$151M3Mar 30, 2016
      Tennenbaum Energy Opportunities Co., LLCPrivate Equity Fund$151M1Mar 27, 2019
      Tennenbaum Heartland Co-Invest, LPPrivate Equity Fund$106M2Mar 30, 2015
      Tennenbaum Special Situations Ix-O, L.P.Private Equity Fund$103M3Mar 30, 2016
      Tcp Waterman Fund, LPSecuritized Asset Fund$95.8M3Mar 30, 2015
      Tcp Waterman Clo, LLCSecuritized Asset Fund$95.8M3Mar 28, 2013
      Tennenbaum Special Situations Fund Ix-A, LLCPrivate Equity Fund$89.4M2Mar 29, 2017
      Tennenbaum Opportunities Partners V, LPPrivate Equity Fund$87.4M1Mar 27, 2019
      Tennenbaum Opportunities Fund V, LLCPrivate Equity Fund$87.4M117Mar 29, 2018
      Tennenbaum Special Situations Ix-C, L.P.Private Equity Fund$76.8M6Mar 30, 2016
      Tcp Direct Lending Feeder Viii-U (Ireland)Private Equity Fund$58.4M2Mar 27, 2019
      Tennenbaum Senior Loan Fund IV-B, LPPrivate Equity Fund$42.7M1Mar 28, 2014
      Tennenbaum Special Situations Fund Ix-S, L.P.Private Equity Fund$36.1M4Mar 30, 2016
      Tennenbaum Senior Loan Fund III, LPPrivate Equity Fund$32.4M2Mar 30, 2015
      Tennenbaum Senior Loan Operating III, LLCPrivate Equity Fund$32.4M1Mar 28, 2014
      Tennenbaum Senior Loan Funding III, LLCPrivate Equity Fund$32.4M1Mar 30, 2016
      Tennenbaum Dip Opportunity Fund, LLCno longer reportedPrivate Equity Fund$29.3M60Mar 27, 2012
      Tenwin, LPno longer reportedPrivate Equity Fund$23.7M1Mar 27, 2012
      Tennenbaum Dip Opportunity Feeder, LPPrivate Equity Fund$9.1M113Mar 28, 2013
      Seb Dip Investor, LPPrivate Equity Fund$9.1M113Mar 27, 2019
      Tennenbaum Opportunities Fund Vi, LLCPrivate Equity Fund$9.1M113Mar 27, 2012
      Tennenbaum Senior Loan Fund IV-A, LPPrivate Equity Fund$6.3M1Mar 30, 2015
      Tennenbaum Senior Loan Spv IV-A, LLCPrivate Equity Fund$6.3M1Mar 28, 2014
      Tennenbuam Multi-Strategy Fund Spv (Cayman), Ltd.no longer reportedOther Private Fund$3.8M30Mar 27, 2012
      Tennenbaum Multi-Strategy Master Fundno longer reportedHedge Fund$3.2M40Mar 27, 2012
      All funds of Tennenbaum Capital Partners, LLC
      Owners and control persons
      Schedule A and B, latest filing
      • Edward James Keenan · Managing Directorcontrol
        since 08/2018 · owns less than 5%
      • Choon Sik Charles Park · Chief Compliance Officercontrol
        since 09/2018 · owns less than 5%
      • M Philip Tseng · Managing Directorcontrol
        since 08/2018 · owns less than 5%
      • Rajneesh Vig · Managing Directorcontrol
        since 08/2018 · owns less than 5%
      Entity owners
      • Blackrock Capital Investment Advisors, LLC · Member
        direct · owns 75% or more
      • Blackrock Advisors, LLC · Member
        indirect · owns 75% or more of Blackrock Capital Investment Advisors, LLC
      • Blackrock Capital Holdings, Inc. · Member
        indirect · owns 75% or more of Blackrock Advisors, LLC
      • Blackrock Financial Management, Inc · Sole Shareholder
        indirect · owns 75% or more of Blackrock Capital Holdings, Inc.
      • Blackrock Holdco 2, Inc. · Sole Shareholder
        indirect · owns 75% or more of Blackrock Financial Management, Inc
      • Blackrock Inc. · Sole Shareholder
        indirect · owns 75% or more of Blackrock Holdco 2, Inc. · public reporting company
      Related persons
      Schedule D 7.A
      • 1824 Private Equity Gp, LLC
        pooled vehicle sponsory
      • 1885 Private Opportunities Gp, LLC
        pooled vehicle sponsorn
      • Aperio Group, LLC
        investment advisery
      • Apo Global Healthcare Gp S.A R.L.
        pooled vehicle sponsorn
      • Asia-Pacific Private Credit Opportunities Fund I (Genpar), L.P.
        pooled vehicle sponsorn
      • Aviation Holdings Genpar, LLC
        pooled vehicle sponsorn
      • Aviation Holdings III (Genpar) LLC
        pooled vehicle sponsorn
      • Aviation Holdings III (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Co-Investment Fund (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Co-Investment Fund III (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Co-Investment Fund IV (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Co-Investment Fund V (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Custom Partnerships (Genpar), LLC
        pooled vehicle sponsory
      • Baa Gaia Imc (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Private Capital 2002 (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Private Capital II (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Private Capital III (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Real Assets (Genpar), LLC
        pooled vehicle sponsorn
      • Baa Real Assets II (Genpar), LLC
        pooled vehicle sponsorn
      • Bis Brazos Infrastructure Gp, LLC
        pooled vehicle sponsorn
      • Bis Nyc Infrastructure Emerging Manager Opportunities Gp, LLC
        pooled vehicle sponsorn
      • Bis Nyc Infrastructure Emerging Manager Opportunities Gp, LLC.
        pooled vehicle sponsory
      • Bl Lepus Genpar LLC
        pooled vehicle sponsorn
      • Blackrock (Channel Islands) Limited
        investment advisern
      • Blackrock (Luxembourg) S.A.
        investment advisern
      • Blackrock (Netherlands) B.V.
        investment advisern
      • Blackrock (Singapore) Limited
        investment adviserbanknRAUM $70B
      • Blackrock Advisors (Uk) Limited
        investment advisern
      • Blackrock Advisors, LLC
        investment adviserbankyRAUM $1096B
      • Blackrock Alternative Advisors (Genpar), LLC
        pooled vehicle sponsorn
      Advisers that list Tennenbaum Capital Partners, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Santa Monica, CA12 employees
      • San Francisco, CA3 employees
      • Chicago, IL1 employees
      • New York, NY1 employees
      • Atlanta, GA1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Jun 17, 2026
        related persons on Schedule D 7.A of 255.0 against a peer median of 7.0 (850 comparable advisers, 100.0th percentile, 55.8 robust deviations)
        peers: asset managers, $1B to $5B (850) · 100% percentile
      • office count dropChange between filings · filing Mar 31, 2026
        offices other than the principal office (Item 1.F.5) moved from 3.0 to 1.0 (-67.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (139 comparable advisers, 3.0th percentile of changes)
        peers: asset managers, $1B to $5B (139) · 2.9% percentile
      What changed
      consecutive filings, newest first
      • Private funds · 38 to 36
        May 15, 2026 to Jun 17, 2026
      • Advisory employees · 8 to 7
        Jan 27, 2026 to Mar 31, 2026
      • Corporate clients · unset to 1.0
        Jan 27, 2026 to Mar 31, 2026
      • Assets in custody · $2.0B to $160M
        Jan 27, 2026 to Mar 31, 2026
      • Employees · 12 to 10
        Jan 27, 2026 to Mar 31, 2026
      • Other offices · 3 to 1
        Jan 27, 2026 to Mar 31, 2026
      • Discretionary RAUM · $3.4B to $3.2B
        Jan 27, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $3.1B to $1.4B
        Jan 27, 2026 to Mar 31, 2026
      • RAUM · $3.4B to $3.2B
        Jan 27, 2026 to Mar 31, 2026
      • Financial planning clients · unset to
        Jun 18, 2025 to Jul 30, 2025
      • Advisory employees · 19 to 8
        Feb 12, 2025 to Mar 31, 2025
      • Advisory activities · 5 to 4
        Feb 12, 2025 to Mar 31, 2025
      • Assets in custody · $394M to $2.0B
        Feb 12, 2025 to Mar 31, 2025
      • Employees · 20 to 12
        Feb 12, 2025 to Mar 31, 2025
      • Other offices · 5 to 3
        Feb 12, 2025 to Mar 31, 2025
      • Discretionary RAUM · $6.1B to $3.4B
        Feb 12, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $4.3B to $3.1B
        Feb 12, 2025 to Mar 31, 2025
      • RAUM · $6.1B to $3.4B
        Feb 12, 2025 to Mar 31, 2025
      • Accounts · 35 to 30
        Nov 22, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 25 to 23
        Nov 22, 2023 to Mar 28, 2024
      • Assets in custody · $396M to $394M
        Nov 22, 2023 to Mar 28, 2024
      • Private funds · 36 to 38
        Nov 22, 2023 to Mar 28, 2024
      • Discretionary RAUM · $5.8B to $6.1B
        Nov 22, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $4.5B to $4.3B
        Nov 22, 2023 to Mar 28, 2024
      • RAUM · $5.8B to $6.1B
        Nov 22, 2023 to Mar 28, 2024
      • Accounts · 36 to 35
        Sep 1, 2022 to Mar 29, 2023
      • Advisory employees · 23 to 19
        Sep 1, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 26 to 25
        Sep 1, 2022 to Mar 29, 2023
      • Assets in custody · $6.8B to $396M
        Sep 1, 2022 to Mar 29, 2023
      • Employees · 24 to 20
        Sep 1, 2022 to Mar 29, 2023
      • Other offices · 3 to 5
        Sep 1, 2022 to Mar 29, 2023
      • Discretionary RAUM · $11B to $5.8B
        Sep 1, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $7.8B to $4.5B
        Sep 1, 2022 to Mar 29, 2023
      • RAUM · $11B to $5.8B
        Sep 1, 2022 to Mar 29, 2023
      • Advisory employees · 25 to 23
        Nov 5, 2021 to Mar 30, 2022
      • Advisory activities · 4 to 5
        Nov 5, 2021 to Mar 30, 2022
      • Assets in custody · $645M to $6.8B
        Nov 5, 2021 to Mar 30, 2022
      • Employees · 26 to 24
        Nov 5, 2021 to Mar 30, 2022
      • Discretionary RAUM · $8.5B to $11B
        Nov 5, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $5.6B to $7.8B
        Nov 5, 2021 to Mar 30, 2022
      Signals
      8 dated events
      • Tennenbaum Capital Partners, Llc reported RAUM $3.4B, down 44% from $6.1B (2025-02-12 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Eric Michael Leitner (Managing Director) no longer on Schedule A of Tennenbaum Capital Partners, Llc (listed 2024-05-02, absent 2024-05-17)
        May 17, 2024 · Control person left · inference
      • Marshall Howard Levkowitz (Managing Director) no longer on Schedule A of Tennenbaum Capital Partners, Llc (listed 2024-05-02, absent 2024-05-17)
        May 17, 2024 · Control person left · inference
      • Leslie Paul Davis (Managing Director) no longer on Schedule A of Tennenbaum Capital Partners, Llc (listed 2024-05-02, absent 2024-05-17)
        May 17, 2024 · Control person left · inference
      • Robert Lee Landrum (Managing Director) no longer on Schedule A of Tennenbaum Capital Partners, Llc (listed 2024-05-02, absent 2024-05-17)
        May 17, 2024 · Control person left · inference
      • Tennenbaum Capital Partners, Llc reported RAUM $5.8B, down 49% from $11.4B (2022-09-01 to 2023-03-29)
        Mar 29, 2023 · RAUM change · derived
      • Alice Elizabeth Greenwood (Managing Director) no longer on Schedule A of Tennenbaum Capital Partners, Llc (listed 2022-09-01, absent 2023-03-29)
        Mar 29, 2023 · Control person left · inference
      • Tennenbaum Capital Partners, Llc reported RAUM $11.4B, up 34% from $8.5B (2021-11-05 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/blackrockreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/isharesreportedpublic record, Form ADV, Sep 17, 2026
      Website
      ishares.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      310 566 1000reportedpublic record, Form ADV, Jun 17, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026